The Home Depot Expands Capabilities in Textiles with Acquirement of The Company Store
The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance and professional service programs.
Recently, The Home Depot, Inc. acquired The Company Store which is an online retailer in high quality textiles and home decor products. In acquiring The Company Store, The Home Depot also gains the strong relationships and industry leading capabilities of The Company Store.
“The acquisition of The Company Store provides product development and sourcing capabilities to help us expand our online décor business into broader categories across the entire home.” -Craig Menear, chairman, CEO and president of The Home Depot
The obtainment of The Company Store does not include The Company Store’s five retail locations.
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